Fundsmith Investment Services Ltd 13F annual report
Fundsmith Investment Services Ltd is an investment fund managing more than $7.75 trillion ran by Tom Armstrong. There are currently 28 companies in Mr. Armstrong’s portfolio. The largest investments include Microsoft and Meta Platforms Inc, together worth $1.81 trillion.
$7.75 trillion Assets Under Management (AUM)
As of 7th August 2024, Fundsmith Investment Services Ltd’s top holding is 2,255,346 shares of Microsoft currently worth over $1.01 trillion and making up 13.0% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Fundsmith Investment Services Ltd owns more than approximately 0.1% of the company.
In addition, the fund holds 1,596,224 shares of Meta Platforms Inc worth $805 billion, whose value grew 11.7% in the past six months.
The third-largest holding is Stryker worth $641 billion and the next is Visa Inc Class A Shares worth $476 billion, with 1,814,798 shares owned.
Currently, Fundsmith Investment Services Ltd's portfolio is worth at least $7.75 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Fundsmith Investment Services Ltd
The Fundsmith Investment Services Ltd office and employees reside in Grande Riviere Noire, Mauritius. According to the last 13-F report filed with the SEC, Tom Armstrong serves as the Director at Fundsmith Investment Services Ltd.
Recent trades
In the most recent 13F filing, Fundsmith Investment Services Ltd revealed that it had opened a new position in
NVIDIA Corp and bought 85,880 shares worth $10.6 billion.
This means they effectively own approximately 0.1% of the company.
NVIDIA Corp makes up
0.6%
of the fund's Technology sector allocation and has decreased its share price by 73.5% in the past year.
The investment fund also strengthened its position in Microsoft by buying
5,465 additional shares.
This makes their stake in Microsoft total 2,255,346 shares worth $1.01 trillion.
Microsoft soared 25.5% in the past year.
On the other hand, Tom Armstrong disclosed a decreased stake in Pepsico Inc by approximately 0.1%.
This leaves the value of the investment at $306 billion and 1,856,145 shares.
One of the largest hedge funds
The two most similar investment funds to Fundsmith Investment Services Ltd are Wealthspire Advisors and Brandes Investment Partners, L.P.. They manage $7.75 trillion and $7.77 trillion respectively.
Tom Armstrong investment strategy
Fundsmith Investment Services Ltd’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 24.6% of
the total portfolio value.
The fund focuses on investments in the United States as
42.9% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
43% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $467 billion.
The complete list of Fundsmith Investment Services Ltd trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Microsoft Corporation |
0.24%
2,255,346
|
$1,008,026,895,000 | 13.01% |
| Meta Platforms Inc |
6.01%
1,596,224
|
$804,848,065,000 | 10.39% |
| Stryker Corp. |
5.63%
1,884,348
|
$641,149,407,000 | 8.27% |
| Visa Inc Class A Shares |
6.53%
1,814,798
|
$476,330,031,000 | 6.15% |
| Philip Morris International Inc |
4.99%
4,624,517
|
$468,602,308,000 | 6.05% |
| Automatic Data Processing Inc. |
8.63%
1,835,342
|
$438,077,782,000 | 5.65% |
| Idexx Laboratories, Inc. |
5.15%
863,162
|
$420,532,526,000 | 5.43% |
| Alphabet Cl A Ord |
5.73%
2,003,851
|
$365,001,460,000 | 4.71% |
| Mettler Toledo Ord |
6.22%
259,280
|
$362,367,135,000 | 4.68% |
| Waters Corp. |
7.89%
1,227,626
|
$356,158,855,000 | 4.60% |
| Marriott International, Inc. |
6.16%
1,422,132
|
$343,828,854,000 | 4.44% |
| Procter Gamble Ord |
8.31%
2,025,558
|
$334,055,025,000 | 4.31% |
| Pepsico Inc |
1.56%
1,856,145
|
$306,133,995,000 | 3.95% |
| Church And Dwight Ord |
7.68%
2,917,917
|
$302,529,635,000 | 3.90% |
| Nike, Inc. |
5.17%
2,308,745
|
$174,010,111,000 | 2.25% |
| Otis Worldwide Ord |
4.41%
1,775,827
|
$170,941,107,000 | 2.21% |
| Mccormick Co Non Vtg Shrs |
32.20%
2,210,928
|
$156,843,232,000 | 2.02% |
| Brown Forman Corp Class B |
10.10%
3,608,905
|
$155,868,607,000 | 2.01% |
| Fortinet Ord |
25.88%
2,508,795
|
$151,205,075,000 | 1.95% |
| Apple Inc |
3.27%
595,362
|
$125,395,144,000 | 1.62% |
| Texas Instruments Inc. |
56.14%
421,817
|
$82,056,061,000 | 1.06% |
| Taiwan Semiconductor Manufacturing Us Adr |
No change
149,989
|
$26,069,588,000 | 0.34% |
| Home Depot Ord |
3.96%
53,464
|
$18,404,447,000 | 0.24% |
| First Citizens Bcshs -cl A |
42.12%
10,369
|
$17,457,352,000 | 0.23% |
| Zoetis Cl A Ord |
3.95%
83,453
|
$14,467,412,000 | 0.19% |
| NVIDIA Corp |
Opened
85,880
|
$10,609,615,000 | 0.14% |
| Mastercard Cl A Ord |
3.95%
23,507
|
$10,370,348,000 | 0.13% |
| Mcdonald S Ord |
3.95%
34,145
|
$8,701,512,000 | 0.11% |
| No transactions found | |||
| Showing first 500 out of 28 holdings | |||
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